Halifax Renters Insurance is powered by Trov
Halifax has partnered with Trov to launch “a simple and lower-cost insurance product” for renters in the UK. The new product, Halifax Renters Insurance, includes two elements: Home Cover – up to £10,000 worth of coverage to protect things in the home against fire, theft, flood and water damage, and Anywhere Cover – up to £10,000 of extra coverage for up to 5 selected items for when customers are on the go against accidental damage, theft or loss, along with coverage for accidental damage inside the home.
The new product offers customers monthly subscriptions and the ability to insure individual items whenever they wan by turning protection on or off.
Get a feel for the flow below:
“Renters can easily fall into the trap of taking out individual insurance for only their prized possessions, such as a phone and laptop, but not taking out contents insurance as they don’t see the benefit of traditional policies. But when the cost of these individual insurance policies is added up, people can end up spending more on several policies than on a single contents insurance policy which would cover more than just those items. Working with Trov, we’re taking the hassle out of home insurance for renters, giving them peace of mind that their belongings are covered should the worst happen.” – Jeremy Ward, Head of Home Insurance at Halifax.